Since the thread is totally derailed, I'd like to chime in on the socialism front. I get it, I agree with some of the ideals of true socialism. I'm not thrilled with the income disparity in this country and I'd be all for reducing the gap between the highest and lowest earners. I like public service programs and am happy to pay taxes to support them.
That being said, there are way too many variables to make the US successful at it without a massive overhaul of basically everything. Healthcare, education, housing, childcare, so many things would have to be completely controlled in order to make sure that capped incomes would actually be sufficient to have a comfortable lifestyle for everyone, everywhere. I just don't see it happening. I would like us to move towards the Scandinavian approach, where education at all levels is covered by taxes as is healthcare, and a universal basic income would be even better. I honestly don't care if the "dregs of society" use my "hard earned tax dollars" to live a comfortable life, so long as I can still live a comfortable life, provide for my (fur) kids, take vacations, enjoy my hobbies, and have something in the bank for emergencies. I actually agree that there is a high point where anything above that is really unnecessary - but here I'm thinking about people who are earning $$ in the millions (billions?) of pure profit (after license fees, insurance, etc), not the MD's or other professionals who make low-mid 6 figures. I don't know where that line is, and it is hard to say how to draw that line, but honestly taxes used to be much higher for the higher income brackets and frankly I'd be okay with that making a comeback.